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BUS 311 Week 4 Quiz (NEW)

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BUS 311 Week 4 Quiz (NEW)

  1. Jake moves into an empty house. The owner lives down the block, and sees Jake coming and going periodically. Before Jake moved in, the house was often vandalized, but Jake seems to be taking care of it. After 20 years, the law declares Jake to be the owner of the property. This is an example of:
  2. Generally, the law presumes that the renter of an apartment will
  3. Which of the following does NOT have the advantage of single taxation?
  4. Which of the following is NOT involved in doing business on behalf of the corporation?
  5. In the case Kelo v. City of New London, when the city sought to take Kelo’s home by eminent domain to sell it to a private developer, the Supreme Court ruled that
  6. Danette takes her coat into Quik Clean Dry Cleaners and leaves it there to be picked up in one hour. Quik loses her coat, so Danette sues Quik. In this instance,
  7. The power of the government to regulate what use real property may be used for is known as:
  8. Kevin and Emily own a house as joint tenants. If Kevin dies, Emily will own
  9. Personal property is defined as
  10. Tamsyn is a promoter for Akers Inc., which is in the process of being formed. Tamsyn makes a contract with Lyle to rent warehouse space for Akers. Once Akers is formed, the board decides to buy a warehouse instead of renting. Who is liable to Lyle?

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